With effect from Dec 3, old Rs 500 notes can’t be used for purchase of petrol, diesel and gas at the stations operating under authorization of public sector oil marketing companies and for buying airline tickets at airport counters. It has been determined that with effect from the midnight of 2nd December, 2016, petrol, diesel and gas channels of public sector oil and gas marketing companies will be detached from the exempted category for receipt of old Rs 500 bank notes. It may be noted that supply of LPG continues to be in the exempted category for payment through old Rs 500 bank notes, a government notification said. Likewise, purchase of air tickets at the airports was included first in the exempted category. It is observed that air ticketing counters have facilities to take non cash/digital payments. Also, enough time has been allowed for travelers to be prepared with legal tender and/or non cash modes of payment. It has, so, been decided that with effect from midnight of 2nd December, 2016, the exemption allowed for purchase of air tickets at airports through old Rs. 500 notes will be removed from the exempted category, the notification...

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